Operating Car Wash/Re-Development Opportunity in Addison, IL
Starting bid: $499,000.00
Auction has not started yet
Start On: February 22, 2021 11:00 am CST
Time Until Start: 82 days, 7 hours, 53 minutes
Ending On: February 24, 2021 11:00 am CST
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Incredible Re-Development Opportunity
Minimum Bid: $499,000
Buyer’s Premium: 6% ($40,000 minimum applies)
Cooperating Broker’s Commission: 2% of Bid Price/Offer Price (before Buyer’s Premium is added)
Lot Size: Approx. .54 ACRES 2, 931 SF
Building Size: Approx. 2, 931 SF
2019 Taxes: $12,156.92
PIN #: 03-33-208-003
Traffic Count: 17,900 VPD
Back on the market with a 20%+ price reduction, by a motivated seller! This car wash is currently in operation. It sits on a busy Addison Road location with approximately 17,900 cars per day. A flat level .5 acres also was recently surveyed and inspected and has a clean Phase 1 Environmental study (2016).
There are numerous potential re-development opportunities for this property such as retail stores, free-standing restaurant, fast food, coffee shops or automotive repair etc.
This property is ideal for an improved and updated car wash or a re-development opportunity for other commercial businesses.
Great location on Addison Road in between North Avenue (Route 64) and Lake Street (Route 20) with 17,900 vehicles per day.
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Total Bids Placed:
|Auction starting||February 22, 2021 11:00 am CST|
Bidding Starts: February 22, 2021 11:00 am CST
Bidding Ends: February 24, 2021 11:00 am CST
Location: 731 S. Addison Road, Addison, IL, 60101, United States
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There is a 6% Buyer's Premium ($40,000.00 minimum applies) in effect for this auction.
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